Power Systems Research (PSR) is an international research company based in St. Paul, Minnesota, USA. It operates a second North America office in Detroit, Mich., and has offices in five other countries. PSR analysts have been collecting and analyzing global engine and powertrain data and information since 1976, and we use this data to develop targeted forecasts by industry segment and region.
Our team of experienced analysts works with OEMs, engine and component manufacturers, dealers, fleet managers and industry experts to compile detailed and focused data that has become an industry standard. It’s the leading source of global information on engines and power equipment powered by IC and alternate sources. Whether you need detailed global data, forecasts or customized local market studies, we can provide you with Data, Forecasting and Solutions. Let’s start today.
The U.S. Environmental Protection Agency is moving forward with the 2027 timeline for its heavy-duty NOx rule—currently set to take effect with the 2027 model year—but says changes are in store.
The American Trucking Associations (ATA), National Tank Truck Carriers, Truckload Carriers Association, and 49 state trucking associations in August penned a letter to EPA, asking the regulator to push implementation to 2031, citing “substantial compliance costs and operational burdens at a time when the trucking industry is already contending with historically difficult market conditions.”
Administrator Lee Zeldin in March announced that the EPA was reevaluating the Biden-era 2022 Heavy-Duty Engine and Vehicle rule that regulates oxides of nitrogen (NOx) and other emissions beginning with Model Year 2027.
60,100 units is the estimate by Power Systems Research of the number of Golf Cars expected to be produced in North America during 2025.
Golf Cars are small, motorized vehicles that transport golfers and their equipment around a golf course. They may also be used as a Neighborhood Electric Vehicle (NEV) to transport people within golfing communities or similar neighborhoods.
This product information comes from industry interviews and from two proprietary databases maintained by Power Systems Research: EnginLink™ , which provides information on engines, and OE Link™, a database of equipment manufacturers. PSR
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Carol Turner is Senior Analyst, Global Operations, for Power Systems Research
The European Commission’s latest funding decision for alternative fuels infrastructure landed with a strange twist. On paper, the bloc approved support for 38 new hydrogen refueling stations spread across the continent.
In practice, almost all of them are going to a single country. Spain secured roughly four out of five stations in this round, which puts it at the center of an infrastructure buildout that is moving in the opposite direction from the rest of Europe
The scale of the EU funding approval is substantial, with more than US$ 700 million (€600 million) committed across a wide range of projects that genuinely strengthen Europe’s transport decarbonization efforts
China is replacing its diesel trucks with electric models faster than expected, potentially reshaping global fuel demand and the future of heavy transport. In 2020, nearly all new trucks in China ran on diesel. By the first half of 2025, battery-powered trucks accounted for 22% of new heavy truck sales, up from 9.2% in the same period in 2024, according to Commercial Vehicle World, a Beijing-based trucking data provider. The British research firm BMI forecasts electric trucks will reach nearly 46% of new sales this year and 60% next year
Heavy trucks carry the lifeblood of modern economies. They also contribute significantly to global emissions of carbon-dioxide: In 2019, road freight generated a third of all transport-related carbon emissions. Trucking has been considered hard to decarbonize since electric trucks with heavy batteries can carry less cargo than those using energy-dense diesel
Critical minerals essential to clean tech, defense, and AI have become the new fault lines in global supply chains. The IEA also states that energy has become a central focus of geopolitical power struggles, making it one of the defining economic and security challenges of our time
Over the course of the last two years or so, sales of battery electric vehicles, while continuing to grow, have posted lower year-over-year percentage growth rates than they had in years prior. EV sales used to grow at 50%+ per year, but for the last couple years, they have grown closer to about 25% per year.
China has developed EV battery technology using all-solid-state batteries that may be the key to unlocking longer range, faster charging, and overall, more EVs.
According to a report from China Central Television (CCTV), scientists achieved three breakthroughs that could be key to unlocking the next-generation battery tech and allow a 100 kg battery pack to deliver over 1,000 km (620 miles) of range.
PSR Analysis: It’s great to see progress in solid state battery technology leading to cutting weight and cost, increasing usable space inside the vehicle and improving handling and efficiency. But the key here is that it isn’t who makes it first, it’s who makes it better, cheaper and more efficiently, and the likes of CATL and BYD have proved that they make it better. PSR
Guy Youngs is Forecast and Technology Adoption Lead at Power Systems Research
The signs of a freight recovery that appeared early this year are gone, replaced by a tough market where recovery will have to come from a supply-side correction, American Trucking Associations’ Chief Economist Bob Costello said at ATA’s 2025 Management Conference & Exhibition in San Diego.
Costello delivered a blunt and sobering economic warning: new tariffs, persistent stagflation, and a slowing labor market have created “absolutely unsustainable” conditions for many carriers, and the only way out, at least near-term, is to erase capacity from the highway.
“It’s not easy to talk about because it’s people’s livelihoods, but it’s a necessary evil,” Costello said, noting that freight demand is unlikely to improve anytime soon. “This has got to be a supply-driven change in the market.”
The current 18% effective tariff rate, nearly six times higher than it was during the first Trump administration, is a level not seen since the 1930s. Costello warned that the industry is only in the “bottom of the second or top of the third inning” of feeling the impact. “Any benefits of putting tariffs on foreign goods… are years in the future, but the cost hits much quicker,” he said.
General Motors’ decision to end development of its next generation Hydrotec fuel cells for vehicles marked the close of a long, careful experiment. After years of research, pilot programs, and cautious optimism, GM finally acknowledged what the energy math had been showing for years: Hydrogen fuel cells are not a viable pathway for road transportation.
GM has been exploring hydrogen vehicles since 1966. GM framed its decision in practical terms. The company cited high costs, limited infrastructure, and low consumer demand. There are only about 60 hydrogen refueling stations in the United States.
In October, the Chinese government introduced new export controls on key dual-use items, citing national security concerns. The move affected the export of rare earths which are critical to all aspects of modern life (such as mobile phone, computers and EVs) (Click here to read about this). China manufacturers 80% to 90% of the world’s rare earths.
In response, US President Donald Trump threatened to impose an additional 100% tariff on Chinese goods and export controls on “critical” software beginning Nov. 1. These measures would come on top of the existing 30% tariff already in place.